Market: Abu Dhabi | Symbol: MULTIPLY | ISIN: AEM001001019 | Industry: Financials |
About Multiply Group P.J.S.C.
With its trademark growth mindset, Multiply Group PJSC is an Abu Dhabi-based holding company that invests in transformative cash-generating businesses it understands. Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-medium and long-term:
MULTIPLY
The investments and operations in long-term strategic verticals, currently Mobility, Energy and Utilities, Media and Communications, Beauty and Wellness, and Fashion and Living. Anchor investments provide long term recurring income, through which bolt-on acquisitions are made.
MULTIPLY+
A flexible, sector-agnostic and opportunistic investment arm.
Share data | 28/03/2025 | ||
Currency | AED | ||
Volume | 22,398,265 | ||
Previous Close | 1.66 | ||
Number of Shares | 11,200,000,000 | ||
Change (%) | 1.84 | ||
Market Cap | 18,592,000,000 |
Multiply's value creation model
Supportive ecosystem brings in multiple synergies | ► Access to high-profile deals |
► Financial flexibility on a wide network of lending banks | |
► Attracting high-caliber talent | |
Clear framework to identify targets | ► Attractive sectors disrupted by favourable megatrends |
► Scalable companies with strong market positioning | |
► Financially accretive assets with strong cash generation and growth potentials | |
► In-house Investment Team with significant deal sourcing, valuation, due diligence and execution capabilities | |
Active board representation reinforced by a dedicated in-house team to drive value creation | ► Defining overarching strategic direction per vertical |
► Providing operational insights, network connections and knowledge transfer across portfolio companies | |
► Embedding growth and transformation mindset to unlock sustainable growth | |
► Developing and implementing value creation initiatives | |
► Deploying a comprehensive digital transformation approach | |
Highly experienced and growing team | ► Strong and accountable leaders across verticals with growth-oriented mindset and proven track record |
► Significant experience and know-how per portfolio company | |
► Targeted talent acquisition focused on vertical expertise | |
Deploying capital for profitable growth | ► Strong cash flow generation |
► Robust liquidity position | |
► Healthy balance sheet |
Financial Highlights (AED MN) | 2022 | 2023 | 2024 |
P&L Statement | |||
Revenue | 1,126 | 1,294 | 2,022 |
Gross Profit | 569 | 663 | 946 |
Adjusted EBITDA1 | 716 | 1,623 | 1,867 |
Adjusted Net Profit1 | 468 | 1,114 | 1,036 |
Reported Net Profit | 18,563 | 552 | 189 |
Balance Sheet | |||
Total Assets | 41,206 | 42,162 | 43,011 |
Total Equity | 29,381 | 30,187 | 30,425 |
Net Debt | 7,430 | 8,033 | 7,647 |
Net Debt / Equity (x) | 0.25 | 0.27 | 0.25 |
Cash Flow Statement | |||
Net cash flow from operating activities | 857 | 997 | 1,192 |
Net cash flow from investing activities | (11,537) | (1,755) | (709) |
Net cash flow from financing activities | 8,070 | 1,041 | (362) |